Versor Investments LP Takes $833,000 Position in Simon Property Group, Inc. $SPG

Versor Investments LP acquired a new stake in shares of Simon Property Group, Inc. (NYSE:SPG) in the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 4,500 shares of the real estate investment trust’s stock, valued at approximately $833,000.

Other hedge funds have also recently made changes to their positions in the company. Brighton Jones LLC purchased a new position in Simon Property Group during the fourth quarter worth about $295,000. Marshall Wace LLP boosted its holdings in Simon Property Group by 316.2% during the second quarter. Marshall Wace LLP now owns 19,787 shares of the real estate investment trust’s stock worth $3,181,000 after purchasing an additional 15,033 shares during the last quarter. Jump Financial LLC boosted its holdings in Simon Property Group by 80.1% during the second quarter. Jump Financial LLC now owns 16,881 shares of the real estate investment trust’s stock worth $2,714,000 after purchasing an additional 7,506 shares during the last quarter. Cerity Partners LLC boosted its holdings in Simon Property Group by 1.7% during the second quarter. Cerity Partners LLC now owns 35,740 shares of the real estate investment trust’s stock worth $5,745,000 after purchasing an additional 598 shares during the last quarter. Finally, NewEdge Advisors LLC boosted its holdings in Simon Property Group by 13.4% during the second quarter. NewEdge Advisors LLC now owns 28,444 shares of the real estate investment trust’s stock worth $4,573,000 after purchasing an additional 3,372 shares during the last quarter. 93.01% of the stock is currently owned by institutional investors and hedge funds.

Key Simon Property Group News

Here are the key news stories impacting Simon Property Group this week:

• Positive Sentiment: Simon Property Group delivered stronger-than-expected Q1 results, with FFO and revenue both topping estimates and operating metrics showing healthy occupancy and leasing demand. Simon Property (SPG) Q1 FFO and Revenues Top Estimates
• Positive Sentiment: The company raised its 2026 FFO guidance and boosted its quarterly dividend, signaling confidence in cash flow and capital returns. Can Simon Property Group (SPG) Keep Climbing After Strong Q1 Results?
• Positive Sentiment: Goldman Sachs reiterated a Buy rating and Stifel raised its price target on SPG, reflecting continued analyst optimism after the earnings beat. Analyst Reiterates Buy on Simon Property Group Amid Raised FFO Guidance and Resilient Operating Performance
• Neutral Sentiment: Stifel’s new $194 price target is still below the recent trading level, suggesting limited upside in the near term despite the firm’s unchanged Hold view. Simon Property Group (NYSE:SPG) Given New $194.00 Price Target at Stifel Nicolaus
• Negative Sentiment: A new risk note flagged Simon Property’s expanded share buybacks as potentially increasing capital allocation pressure, liquidity concerns, and refinancing risk. Simon Property’s Expanded Buybacks Raise Capital Allocation, Liquidity, and Refinancing Risks

Simon Property Group Stock Performance

Shares of SPG stock opened at $205.52 on Wednesday. The firm has a market cap of $66.78 billion, a price-to-earnings ratio of 14.28, a P/E/G ratio of 6.61 and a beta of 1.33. The company has a debt-to-equity ratio of 4.42, a quick ratio of 0.90 and a current ratio of 0.90. Simon Property Group, Inc. has a 52 week low of $155.44 and a 52 week high of $208.28. The firm’s 50-day simple moving average is $195.37 and its two-hundred day simple moving average is $189.66.

Simon Property Group (NYSE:SPG) last announced its quarterly earnings data on Monday, May 11th. The real estate investment trust reported $1.48 EPS for the quarter, topping the consensus estimate of $1.46 by $0.02. The business had revenue of $1.76 billion for the quarter, compared to analyst estimates of $1.54 billion. Simon Property Group had a net margin of 70.60% and a return on equity of 118.05%. The company’s revenue for the quarter was up 19.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.95 earnings per share. Simon Property Group has set its FY 2026 guidance at 13.100-13.250 EPS. As a group, equities analysts forecast that Simon Property Group, Inc. will post 13.19 earnings per share for the current year.

Simon Property Group announced that its board has initiated a stock repurchase plan on Thursday, February 5th that allows the company to repurchase $2.00 billion in outstanding shares. This repurchase authorization allows the real estate investment trust to buy up to 3.1% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company’s leadership believes its stock is undervalued.

Simon Property Group Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 9th will be given a $2.25 dividend. This is a positive change from Simon Property Group’s previous quarterly dividend of $2.20. This represents a $9.00 annualized dividend and a yield of 4.4%. The ex-dividend date of this dividend is Tuesday, June 9th. Simon Property Group’s payout ratio is presently 62.06%.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on SPG shares. Truist Financial boosted their price target on shares of Simon Property Group from $181.00 to $196.00 and gave the stock a “hold” rating in a report on Monday, March 2nd. Barclays boosted their price target on shares of Simon Property Group from $193.00 to $201.00 and gave the stock an “equal weight” rating in a report on Monday, April 13th. Citigroup boosted their price target on shares of Simon Property Group from $185.00 to $189.00 and gave the stock a “neutral” rating in a report on Thursday, February 5th. JPMorgan Chase & Co. boosted their price target on shares of Simon Property Group from $198.00 to $210.00 and gave the stock a “neutral” rating in a report on Friday, February 6th. Finally, Piper Sandler reaffirmed an “overweight” rating and issued a $230.00 price objective (up from $225.00) on shares of Simon Property Group in a research report on Tuesday, February 3rd. Five investment analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $201.43.

Simon Property Group Company Profile

Simon Property Group, Inc (NYSE: SPG) is a publicly traded real estate investment trust (REIT) that owns, develops and manages retail real estate properties. Its core business activities include acquisition, development, leasing and property management of regional malls, outlet centers and mixed‑use retail destinations. The company operates retail brands that include high‑profile regional shopping centers and the Premium Outlets platform, and it provides services such as tenant leasing, marketing, property operations and capital projects to optimize asset performance.

Simon’s portfolio spans a broad mix of enclosed malls, open‑air centers, outlet properties and mixed‑use developments, and the company pursues redevelopment and repositioning to adapt properties to changing consumer and retail trends.